Bitcoin Rises 7% Over the Day to Hit Five-Week High
Bitcoin (BTC), the world’s largest cryptocurrency by market cap, surged 7% in the past 24 hours and is currently priced at $23,369, according to data from CoinMarketCap. Although this represents a slight decrease from the daily high of $23,759 that was recorded in the early hours on Wednesday, Bitcoin is still trading at levels last seen on June 13th.
The leading cryptocurrency is also up an impressive 17% over the last week, with the latest price action coming amid growing trading volumes. As much as $48.7 billion worth of Bitcoin changed hands across crypto exchanges on Tuesday, with this value standing at more than $47.3 billion in the past 24 hours. For comparison, at the beginning of the month, daily trading volumes fell to just $16.3 billion—one of the lowest points since the start of the year.
Source
https://t.me/DeFi_Ethereum
